Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 2562

BillFederalSenateFloor Consideration
Bring Jobs Home Act
About This Bill
Floor Vote
Latest Action · July 7, 2014
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 451.
Introduced
June 26, 2014
Cosponsors (21)
21D 0R
View PDF ↗

Summary

Highlight any text to annotate
Bring Jobs Home Act - Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and  relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.